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Orange 12550
240 Colden Hill Road
$470,000
● House - Off Market

240 Colden Hill Road

Montgomery, NY 12550
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,884 Ft²
$506,439
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

COMPLETLY RENOVATED HOME!!!! This home is located in the Montgomery municipality with Valley Central school district.  It consists of 3 bedrooms (possible four) and 3 bathrooms.  Master suite with bathroom and two walk-in closets. It has a big office space and a den/guess room, central A/C, a new driveway leading to a huge two car garage (possibly four) with new garage door opener. Gorgeous kitchen with quartz countertop, stainless steel appliances and a good size island. Sliding doors will take you to a big deck with a hot tub.  Close to major highways like I84, I87, and 9W as well as restaurants and shopping. Additional Information:  Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:4+ Car Attached,
Unit Size
1,884 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$255
Property Type
House
Property Taxes
$829
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (OneKey MLS #KEYH6202258)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
Nov 4, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 21, 2022 Price Decreased $479,900
↓ $10K (2%)
Price Decreased
Aug 18, 2022 Price Decreased $489,900
↓ $10K (2%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 552
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 1,884
  • Building Area: 1,884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,884
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000960
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: ES COLDEN HILL RD

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010602

Zoning

  • Zoning: RA2

Geography

  • District: 334289
  • Section: 16.00
  • Parcel: 334289 16-4-2.22
  • Block: 4
  • Lot: 2.220
  • Municipality: MONTGOMERY
  • Latitude: 41.5408
  • Longitude: -74.1268

    Address

  • Full Address: 240 Colden Hill Rd
  • Address - House Number: 240
  • Address - Street Name: Colden Hill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C032
  • 4-Digit Zip Code: 2367
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,062,079
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2501
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 473,495
  • High Value: 591,932
  • Low Value: 355,058

    Market Valuation

  • Market Total Value: $484,800
  • Market Land Value: $76,435
  • Market Improvement Value: $408,365

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,600
  • Assessed Land Value: $32,100
  • Assessed Improvements Value: $171,500

    Sales

  • Current Sale Contract Date: Nov 04, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220086241
  • Previous Sale Recording Date: May 18, 2022
  • Previous Sale Contract Date: May 04, 2022
  • Previous Sale Amount: $280,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Orange

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2174 ft²

Average Home Age

60.4 years

Currently For Sale

1267 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 40 Summit Avenue, Walden, NY, 12586

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,647 ft²
40 Summit Avenue #2, Walden, NY, 12586 Listing by Richard Baxter
Unit for rent at 30 Copper Rock Road, Walden, NY, 12586

$4,700 /mo

  • 4 Beds
  • 3 Baths
  • 2,909 ft²
30 Copper Rock Road, Walden, NY, 12586 Listing by Sandra Spector

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 240 Colden Hill Road built and last sold?
The property at 240 Colden Hill Road was built in 1999 and last sold on Nov 4, 2022 for $470,000.
How much is this home worth?
The estimated value of the home located at 240 Colden Hill Road is $486,147.
What are some comparable homes to 240 Colden Hill Road?
There are currently no comparable homes to 240 Colden Hill Road.
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